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The NBA salary cap is the limit to the total amount of money that National Basketball Association teams are allowed to pay their players. Like the other major professional sports leagues in North America, the NBA has a salary cap to control costs and benefit parity, defined by the league's collective bargaining agreement (CBA).
In the National Basketball Association (NBA), a sign-and-trade deal is a type of transaction allowed by the collective bargaining agreement (CBA) where one franchise/team signs an unrestricted free agent or restricted free agent player to a new contract, only to then immediately trade him to another team of the player's choosing.
The NBA uses a "soft" cap, meaning that teams were allowed to exceed the cap in order to retain the rights to a player who was already on the team. This provision was known as the "Larry Bird" exception, named after the former Boston Celtics great who was retained by that team until his retirement under the provisions of this rule. The purpose ...
Cue the “Roundball Rock”: The NBA is returning to NBC for the first time in more than two decades, with the pro basketball league signing a multi-billion dollar media rights deal with Disney ...
The NBA has agreed to terms on its new media deals, a record 11-year agreement worth $76 billion that would assure player salaries will continue rising for the foreseeable future and one that will ...
The biggest drama in sports came one step closer to a conclusion Wednesday after the NBA finalized its next set of rights deals with Disney’s ESPN, NBCUniversal’s NBC Sports and Amazon’s ...
The Larry Bird exception, more commonly known as Bird Rights, allows teams to re-sign a current player only if he has played for that particular team for a minimum of three years. [3] Another exception, known as the mid-level exception, allows for teams that are over the salary cap to sign one or more players as long as they do not exceed the ...
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